Both Sony and Microsoft are pushing their next generation games consoles, at the moment Sony appears to be selling more Sony PS4 consoles that Microsoft is with their Xbox One console.
When a new console is launched, it usually takes some time for the company to make a profit on the hardware, this is done over time when the manufacturing costs of the device falls, in the meantime the manufacturer makes its profits from game sales and accessories.
Now it would appear that Sony has already managed to turn a profit on the Sony PS4 console, this was recently announced by the company’s CEO at a corporate strategy meeting that the PS4 hardware is now making a profit.
From a profitability perspective, PS4 is also already contributing profit on a hardware unit basis, establishing a very different business framework from that of previous platform businesses.
Sony has sold 7 million PlayStation 4 consoles since the device launched last year, it has been on sale for 7 months, and this should help Sony’s overall earnings in the future, as they are no longer losing money on the console.Filed Under: Gaming News, Top News